November Spending: That’s Not Good

I’ll tell you up front that I ran a deficit in November. Happily, I was able to cover the shortfall with savings and anticipate a rosier December. Here’s how it broke down:

Income

Support, minus my share of utilities for old house: $634.29 (this number excludes $183 that went to the XFP’s share of kid spending, which I do not count as either income or expense)

Library take-home pay: $1338.69

Substitute teaching take-home pay: $254.68

Christmas money: $200

Selling snow tires on Craigslist: $100

Total income: $2527.66

Expenses

Rent: $989

Home supplies and furnishings: $158.47 (includes an electric blanket for me, counter stools from Craigslist, and a variety of miscellany)

Laundry: $45 (still have several loads left on the card)

Bike supplies: $25.97 (I keep bleeding on this category! This is new tubes for me–3 for the price of 2–and lights for Big Brother’s bike, minus some Amazon credit I had lying around)

Car things: $1072.90 (Junkyard OEM wheels to put my snow tires on, plus I went $700 over my budget from the Frugal Patriarch)

Stamps: $9.40

XCel Energy: $17.45 (includes start-up charge)

Ting: $26.75

Internet: $9.95 (OK, it’s slow and not that reliable, but I LOVE charity internet!)

Annual life insurance bill: $116 for $100K coverage

Groceries: $221.26 (Finally some improvement in that category!)

Wine: $14.01

Gas: $62.65 (Because I absent-mindedly put a full tank of gas in my car right before I traded it in!)

Boys’ allowance: $9

Work childcare: $8

Kids’ health: $175 (That’s half of a $250 ER copay plus half of $100 in babysitting for the lady who came to pick up Little Brother while Big Brother and I stayed there until 2 AM. BB’s tongue is all better now but it sure was grueling. I expect a bigger bill later.)

Restaurants: $40.04

Coffee shops: $17.18 ($13 below my average! Look at me showing some restraint!)

Frippery: $50.94

Sewing supplies: $17.44

Artificial Christmas tree: $39.14

Miscellany at Target: $16.48

Annual rec center membership: $221.40 (WOW that’s a good deal!)

Shredding at Office Depot: $2.97

Total: $3357.42 

Analysis

(Note that the figures above do not include the ten thousand dollar gift which which I paid for almost all of my new car.)

Well, that’s a little alarming, a deficit of over eight hundred dollars. I had to just about drain all my savings categories. Obviously, having large car expenses was a major causative factor there. My earning power was limited by last month’s fall break (couldn’t sub) and a variety of ill-timed illnesses that fell on days I normally would have subbed or done on-call. I have sick leave at my regular job, but that wasn’t what I was missing. Ouch.

Fortunately, December is a three-paycheck month and the month in which I get my wellness bonus from my employer, so hopefully if I get my average hours-per-up before Christmas, I will be able to put on Christmas and still wind up in the black. And there are things I could have not skipped buying in November had I realized how short I was going to fall, so I think I’ll try more of a zero-based budget throughout the month. There is cause for caution, but not panic.

How was your November?

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About frugalparagon

I'm a part-time librarian and mom to two small boys. I blog about striving for the long-term goal of financial independence while running a tight ship at home.

One response to “November Spending: That’s Not Good”

  1. drmoneytails says :

    Hi there! I love reading your posts and learning from your analysis.
    I only recently began keeping track of what we spend and always try to make the following month better than the previous!
    Good luck in December!

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